Fuel Adjustment Mechanism (FAM)

Fuel Adjustment Mechanism (FAM)

The fuel adjustment mechanism ensures that power rates reflect the actual cost of fuel, not a forecast.

At the end of each year, rates are adjusted to reflect the true cost of fuel, meaning they could go up or down if the actual cost of fuel differed from the forecast. Customers pay only the true cost of fuel used to produce electricity – no more, no less.

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Applicability

This schedule is a mandatory rider to all electric rate schedules, except the following tariffs: Generation Replacement and Load Following, Extra High Voltage Time-of-Use Real Time Pricing, High Voltage Time-of-Use Real Time Pricing, Distribution Voltage Time-of-Use Real Time Pricing. FAM adjustments will apply to the Standard Energy Charge of the Extra Large Industrial 2P-RTP tariff. FAM adjustments will apply to Additional Energy supplied under the Mersey System Agreement when Additional Energy is priced at a tariff to which FAM adjustments apply.

 

Charges

The applicable charges by rate class, effective February 2, 2023, are as follows:

Rate ClassActual Adjustment ("AA") in cents per kWh Balance Adjustment ("BA") in cents per kWh FAM AA/BA Combined IN CENTS PER KWH
Domestic Service, Domestic Service Time of-Day, Domestic Service Time of Use, Domestic Service Critical Peak Pricing0.0000.000
0.000
Small General, Small General Time of Use, Small General Critical Peak Pricing0.000
0.000
0.000
General, General Time of Use, General Critical Peak Pricing0.000
0.000
0.000
Large General0.000
0.000
0.000
Small Industrial0.0000.000
0.000
Medium Industrial0.000
0.000
0.000
Large industrial Firm0.0000.0000.000
Large Industrial Interruptible 0.0000.000
0.000
Municipal0.0000.0000.000
Unmetered Services0.0000.0000.000

 

Disclaimer

Tariffs, rates and descriptors shown are for information purposes only. Official tariffs as per Nova Scotia Utility and Review Board approved Rates and Regulations schedules.

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